FX.co ★ BoE Holds Interest Rate at 3.75% in March, Extending Policy Pause

The Bank of England kept its key interest rate unchanged at 3.75% in March 2026, maintaining the level set at its previous meeting in February. The decision signals a continued pause in the UK’s monetary policy stance as policymakers assess incoming data and the broader economic outlook.

By holding the benchmark rate steady, the BoE is opting for continuity rather than further tightening or easing at this stage. The unchanged rate suggests that, for now, the central bank sees no compelling reason to adjust borrowing costs, either in response to inflation dynamics or growth conditions.

The latest data, updated as of 19 March 2026, confirm that the policy rate has remained at 3.75% across two consecutive decisions, underlining a period of stability in official UK interest rates as markets look ahead to the Bank’s next move later in the year.